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What is the cost of buying a property with three cottages and a pool near Lagos?

Guesthouse in Praia da Luz

ref. LW1100
17.521.704SEK
  • E
  • 9
  • 3
  • 219m2
  • 14.400m2
  • Vineyard
  • Alojamento Local

The cost of buying this remarkable property, which includes three cottages and a communal pool near Lagos, is €1,600,000. This investment is not only in property but also in a lifestyle that embraces the beauty and charm of the Algarve. Each of the cottages features three bedrooms and spacious living areas, making it an excellent choice for families and holidaymakers alike.

Situated on a generous plot of 14,400m², you will also appreciate the well-maintained grounds that feature manicured landscapes and areas for recreational activities. The property is just 1.5km from pristine beaches and the vibrant towns of Praia da Luz and Burgau, providing excellent opportunities for leisure and entertainment.

With tourism licenses in place for each cottage, this property not only serves as a perfect holiday home but also as a lucrative rental opportunity. Its close proximity to golf courses and the motorway to Faro airport further enhances the appeal for potential buyers.

If you’re considering investing in Algarve real estate, explore this property now and take the first step towards owning a piece of paradise!

Usage
Residential
Type
Guesthouse
Town
Praia da Luz
Parish
Luz
Municipality
Lagos, Faro
Region
Algarve (West)
Construction Year
1980
Renovation Year
2011
Rooms
15
Bedrooms
9
Bathrooms
3
Floors
1
Furnished
Fully
Living Area
219 m²
Usable area
291 m²
Plot Area
14.400 m²
Driveway, Country Road
Parking outdoors, Carport
Lounge/Dining
Garden Terrace
Fully Fitted, Partially Equipped
Storage
Cable/Satellite TV, Internet/Phone
Mains drainage, Mains electric, Mains water, Borehole
Manual Shutters/Blinds
Private, Lighting
Landscaped, Natural, BBQ
Storage Shed
Countryside View
Vineyard
• Operating Business
• Plot 14400m²
• Living area 219m²
• All 3 cottages complete with tourism licenses
• Close to amenities, beach and golf
• Good rental revenues
• Nearest Beach: 1.5km

These properties are located a few kilometres outside of Lagos, a short distance from local shops, golf courses and the coastline along with its beaches.

Each cottage has 3 bedrooms, a bathroom, kitchen and living area as well as carport and storage space. There is also outside space, terracing and a communal swimming pool so that the area can be enjoyed in the holiday season too.

Surrounding the properties are over 14,000m2 of land used to cultivate grapes to make regional award-winning wine. This estate can be easily accessed from the main road, and with parking spaces onsite, this would make a perfect commercial rental opportunity.

Amenities

• Mains water and borehole
• Storage
• Carport
• Shutters
• Open fireplace
• Sat-TV and Internet

Location

• Distance to Sea: 1.5km
• Nearest Beach: 1.5km
• Nearest Golf: 2.5km
• Airport: 68km
• Nearest School: 500m
• Nearest major town (Lagos): 5km
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